Venkatavan Home Nidhi Limited

Founded in 2016 and headquartered in Tamil Nadu, India.

2016 | Tuticorin, Tamil Nadu (India) | Active
Last Updated:

Venkatavan Home Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 3.32 M
  • Paid Up Capital ₹ 3.32 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.10 M
  • Revenue Growth 14.27%
  • Profit Growth -17.58%
  • Ebitda -27.30%
  • Net Worth 18.81%
  • Total Assets 19.75%

About Venkatavan Home Nidhi

Venkatavan Home Nidhi Limited (VHNL) is a Nidhi Limited Company incorporated in India on 13 June 2016 (Eight years and ten months 29 days old ). Its registered office is in Tuticorin, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.32 M and a paid-up capital of Rs 3.32 M.

The company has closed loans amounting to ₹3.10 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jayasooriya Babu, Asokbabu Shylasri, Ashok Ajay, and One other member serve as directors at the Company.

Company Details

  • Location

    Tuticorin, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999TN2016PLC110874

  • Company No.

    110874

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    13 Jun 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Venkatavan Home Nidhi Limited

Explore comprehensive data for Venkatavan Home Nidhi Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Venkatavan Home Nidhi?

Executive Team (2)

NameDesignationAppointment DateStatus
Jayasooriya Babu Country flag representing In Managing Director13-Jun-2016Current
Ashok Ajay Country flag representing In Managing Director13-Jun-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Asokbabu Shylasri Country flag representing In Director 13-Jun-2016Current
Ashokbabu Mahalakshmi Country flag representing In Director 13-Jun-2016Current

Financial Performance of Venkatavan Home Nidhi.

Venkatavan Home Nidhi Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 14.27% increase. The company also saw a substantial fall in profitability, with a 17.58% decrease in profit. The company's net worth Soared by an impressive increase of 18.81%.

Venkatavan Home Nidhi revenue growth over time
Venkatavan Home Nidhi profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.27%
Revenue from Operations
14.13%
Total Assets
19.75%
Profit or Loss
-17.58%
Net Worth
18.81%
EBITDA
-27.30%

What is the Ownership and Shareholding Structure of Venkatavan Home Nidhi?

In 2017, Venkatavan Home Nidhi had a promoter holding of 98.04% and a public holding of 1.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.10 M

Charges Breakdown by Lending Institutions

  • Others : 0.31 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2018Others₹3.10 MSatisfied

How Many Employees Work at Venkatavan Home Nidhi?

Unlock and access historical data on people associated with Venkatavan Home Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Venkatavan Home Nidhi Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venkatavan Home Nidhi, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Venkatavan Home Nidhi's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Venkatavan Home Nidhi

Recent activity within the organization

  • Annual General Meeting

    Venkatavan Home Nidhi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 17 Jan 2018 via Charge ID 100151953 with Others was fully satisfied on 09 Aug 2024.

  • Balance Sheet

    Venkatavan Home Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 3.10 M with Charge ID 100151953 was registered on 17 Jan 2018.

  • Director Appointment

    Jayasooriya Asok Babu was appointed as a Managing Director was appointed as a Managing Director on 13 Jun 2016 & has been associated with this company since 8 years 10 months .

  • Director Appointment

    Asokbabu Shylasri was appointed as a Director was appointed as a Director on 13 Jun 2016 & has been associated with this company since 8 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Venkatavan Home Nidhi Limited?

    Venkatavan Home Nidhi Limited was incorporated on 13 Jun 2016.

  • What is authorized share capital and paid-up capital of Venkatavan Home Nidhi Limited?

    The authorized share capital of Venkatavan Home Nidhi Limited is ₹ 3.32 M and paid-up capital is ₹ 3.32 M.

  • Who are the current board members & directors of Venkatavan Home Nidhi Limited?

    Currently 4 directors are associated with Venkatavan Home Nidhi Limited.

    • Jayasooriya Asok Babu
    • Asokbabu Shylasri
    • Ashok Babu Ajay
    • Ashokbabu Mahalakshmi
  • What is the registered address of Venkatavan Home Nidhi Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Venkatavan Home Nidhi Limited is No. 102/5G/5A Ettayapuram Road India, Thoothukudi, Tamil Nadu, 628002.

  • What is the corporate identification number (CIN) and company number of Venkatavan Home Nidhi Limited?

    The corporate identification number (CIN) of Venkatavan Home Nidhi Limited is U65999TN2016PLC110874 and the company number is 110874 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Venkatavan Home Nidhi Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Venkatavan Home Nidhi Limited has risen by 14.27%.

  • What change has been observed in the net worth of Venkatavan Home Nidhi Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Venkatavan Home Nidhi Limited has experienced an upsurge of 18.81%.

  • When was the last Balance Sheet of Venkatavan Home Nidhi Limited filed with the ROC?

    The most recent Balance Sheet for Venkatavan Home Nidhi Limited was filed with the ROC on 31 Mar 2024.

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